Gore and his partners backed Silver Springs Network. NYT then slyly notes:
The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants. Of the total, more than $560 million went to utilities with which Silver Spring has contracts.Gore, of course, thinks this government hand out is capitalism:
“Do you think there is something wrong with being active in business in this country?” Mr. Gore said. “I am proud of it. I am proud of it.”NYT also notes that Gore is founder of Generation Investment Management, based in London and run by David Blood, a former head of Goldman Sachs Asset Management.
He also has a stake in the world’s pre-eminent carbon credit trading market and in an array of companies in bio-fuels, sustainable fish farming, electric vehicles and solar power.
NYT notes that the size of Gore's wealth is unknown, but "his wealth is evident in a single investment of $35 million in Capricorn Investment Group, a private equity fund started by his friend Jeffrey Skoll."
2 comments:
The data used by the IPCC to promote the global warming hype was cherry picked to come up with the political result they wanted. In other words global warming is a big fat hoax. Despite this fact, gore continues to promote lies about global warming strictly for personal financial gains. He is worse of a fraud than global warming.
Al Gore PEU, a blue/green private equity underwriter.
http://peureport.blogspot.com/2008/11/al-gore-green-peu.html
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